The High-Performance Computing Center Stuttgart (HLRS) is hosting a series of self-study and live seminars on Time Series Forecasting from 14 to 31 October 2024.
In recent years, time series forecasting has become increasingly important. It provides valuable insights into the future by analyzing historical data and assuming that future trends will resemble those from the past. The main benefit of using time series for forecasting is that it allows estimation of future trends and outcomes when such information is not fully available, particularly in business contexts. This technology is crucial in various fields for understanding current seasonal trends and aligning data with the passage of time. Time series forecasting finds important applications in weather forecasting, business, healthcare, and finance.